Explore BrainMass

Explore BrainMass

    Supporting Information: the emergence of enormous global markets for standardized consumer products.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Within 20 years, we will have seen the emergence of enormous global markets for standardized consumer products. Do you agree?

    What actions can a firm take to minimize its global tax liability? On ethical grounds cans such actions be justified?

    © BrainMass Inc. brainmass.com June 4, 2020, 2:58 am ad1c9bdddf
    https://brainmass.com/business/international-business-management/emergence-enormous-global-markets-standardized-products-491216

    Solution Preview

    Within 20 years, we will have seen the emergence of enormous global markets for standardized consumer products. Do you agree?

    Globalization has been, over the past few decades, rapidly and exponentially increasing in both reach and scope. Companies have started to realize the importance and need for reaching a global market, and have taken various steps for strategic development. When one analyzes the concept of standardized consumer products, it is possible to state that yes, this is also a clearly rising trend. Today, a significant number of consumer products have become standardized, although with some localized differences. For instance, car manufacturers produce the same car for the whole European market. They also produce the same car for the whole North American market. Companies are targeting 'blocs' of countries with standardized products with little or no ...

    Solution Summary

    Emergence of enormous global markets for standardized products are examined. The actions a firm can take to minimize its global tax liability is determined.

    $2.19

    ADVERTISEMENT